Coin and Paper Money Collecting/old mexican coin
Expert: Brad Swain - 2/10/2010
QuestionAre you able to tell me the value of the following coins:
Mexico 1953, peso 27 7/9G, Ley 0.720, Cinco Pesos, Head of Hidalgo
Mexico 1959, Ano de Carranza, 18.055G, Ley 720, Cinco Pesos
Mexican 1959 & 1962, un peso
AnswerHi Ruth, Collector value of a coin depends on denomination (face value), date, mint mark (if any), number minted and condition of a coin, including amount of wear, any dents, scratches or cleaning as well as collector demand for it.
Mexico 1953, 5 Pesos, Hidalgo, 72% silver (.6430 of an ounce of silver), 20.4 million minted that year, worth up to about $12 depending on amount of wear and collector demand.
Mexico 1959, 5 Pesos, Carranza, 72% silver (.4178 of an ounce of silver), 1 million minted, worth up to about $8.
Mexican 1959 & 1962, 1 peso, Morelos, 10% silver (.0514 of an ounce of silver), 27.4 million and 61.1 million minted, worth up to about $2 each.
Current gold and silver values:
http://www.kitco.com/market/ .
You might also try a library for a copy of the Standard Catalog of World Coins for pictures, values and lots more interesting info.
Brad